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Quick answer:
E-commerce startups must complete GST registration if their turnover crosses the ₹20 lakh threshold. The process requires submitting Form GST REG-10 with PAN, Aadhaar, bank details, and business proof via the GST portal. For startups with registered offices in multiple states, registration is mandatory regardless of turnover. Approval typically takes 3-7 working days, after which a GSTIN is issued. Startups can streamline this using compliance platforms like filingpro.io, which handles document verification and application submission.
E-commerce sellers file GST returns based on their turnover: monthly for those exceeding ₹1.5 crore and quarterly for others. Mandatory filings include GSTR-1 (outward supplies) and GSTR-3B (summary of tax liability) by the 20th of the next month. Annual returns (GSTR-9) are due by December 31. Filingpro.io automates this by syncing sales data, calculating tax liabilities, and ensuring deadline compliance, reducing manual errors for startups managing high transaction volumes.
E-commerce platforms must deduct TCS at 1% on net sales exceeding ₹5 lakh and file Form GSTR-8 by the 10th of the following month. Sellers must maintain detailed transaction records and reconcile platform-reported sales with their books. Non-compliance attracts penalties up to ₹10,000 or 10% of tax due. Startups using filingpro.io receive automated TCS calculations and reconciliation tools to meet these MCA/ROC-mandated requirements while focusing on core business operations.